Author: Khusoko

The time for Kenyan small and medium enterprises (SMEs) to embrace insurance coverage is long overdue, according to Xplico Insurance. According to the industry player, the immense contribution of the SME sector to the Kenyan economy is unmatched. Kenya’s economy thrives on the backbone of SMEs. The latest statistics from the Kenya National Bureau of Statistics (KNBS) show that the sector employs about 86 per cent of the population and contributes about 45 per cent to the country’s gross domestic product. “Despite the immense advantages and opportunities within the SME sector in Kenya, the sector still faces a myriad of…

Securing goods during long-distance transit is one of the most important aspects of any supply or logistics business. Containers and trailers do not have the level of protection that buildings do. This article discusses truck seals, their benefits, and their uses across industries.  Plastic Truck Seals for Logistics Needs Using high-quality hardware to protect their goods is paramount for businesses that have to transport assets and products regularly. Truck seals are a valuable tool for providing that security. The plastic truck seal is a simple but effective device made from high-quality plastic. Plastic truck seals can be designed for different…

The importance of being safe at home, at work, and at school cannot be overstated. As a result, as an individual, a parent, or a business owner, you should think about installing a guardrail. This is important if you have an open space where people could fall over, get injured, or die. This article discusses all you need to know about guardrails and their benefits. What exactly are guard rails? Guardrails are iron frames used to mark the end or boundary of a place or road. They keep people from falling over or from walking over a path. Also, they…

Tim Berners-Lee, the world wide web inventor, said, “Data is a precious thing and will last longer than the systems themselves.” Today, data has become more diverse and is being created, processed, and stored everywhere. The combination of massive amounts of information in this new data era has allowed businesses of all sizes to become disruptive digital powerhouses. Much of the focus is often on disruptive technologies or new categories, but underlying this and making it all possible are hardware and data management solutions such as storage and servers. In data storage – which touches every IT-driven business – the…

The average rental yield for serviced apartments within the Nairobi Metropolitan Area increased by 0.7 percentage points to 6.2 per cent in 2022 from 5.5 per cent in 2021. Westlands and Kilimani were the best-performing nodes in the period, with rental yields of 9.3 and 7.2 per cent, respectively, compared to the market average of 6.2 per cent. The performance of serviced apartments, within which aparthotels fall, was attributed to: (i) proximity to the central business district (ii) the presence of high-quality serviced apartments available in the nodes which attract premium rates, (iii) the ease of accessing the areas through…

KCB Group Plc has named Mr George Odhiambo, the managing director of BPR Bank Plc Rwanda, head of the National Bank of Kenya. Mr Odhiambo joined KCB Group in Rwanda in 2009 as head of Business Analytics and Transformation Project before becoming its head of Retail Banking in 2013. He was promoted to managing director in 2017 and is credited with turning around the bank’s operations. In April 2022, he was appointed the managing director for BPR Rwanda and had been leading the merger operations. He holds a BSc in Mathematical Statistics from University of Nairobi and an MSc in…